Post by
Carlos66 on Mar 15, 2016 9:51pm
Game over
That's what Pershing Square said when they said that they were going to take a more active roll. Well they are an activist shareholder!!!
Debt more than equity. That spells bankruptcy.
The company will probably be broken up & parts sold so that the hedge funds etc. can get some of their money back. Pershing Square just lost 700mill & some posters I read bought more!!!!!!!!!!!! That's not averaging down that's trying to get even!!!!!!!!!!
You NEVER get even. That's not investing. You just GO BROKE!
carlos
Comment by
curiousbuild on Mar 15, 2016 10:14pm
Carlos66 so let's say you are right, I agree that bond holders just care about money. . But what happens to drugs and millions of people depend on them. Sounds like complete chaos if company gets chopped up.. it's not like tech or oil company chop up.. I am in today for swing trade but will be sad to see if this company gets broken into pieces by vultures... CB
Comment by
blindowlscout on Mar 15, 2016 10:45pm
Wait for the swing tomorrow...will open a little lower for 3 minutes and then hit $55 within 45 minutes...watch and learn folks
Comment by
Biggiesmalls on Mar 15, 2016 10:59pm
This post has been removed in accordance with Community Policy
Comment by
blindowlscout on Mar 15, 2016 11:30pm
At least you got the spelling correct...spell check is a great thing....have you made a decision yet on your 33 shares ...buy more or hold?
Comment by
dacre on Mar 15, 2016 10:44pm
Make up for your losses in VRX by investing in NHC which reported year ends tonight. Significant gains in revenue and earnings year over year....company is incredibly undervalued...
Comment by
MOJOJONO on Mar 16, 2016 1:07am
Well.. I don't think more debt than equity = bankrupt. It's about cashflow and maturities. If the debt all comes due at the same time then yes... if it is spaced out over several years then they'd be fine in THAT specific regard as long as cashflow supports the interest payments and eventually they are able to refinance or pay off the next maturing debt instrument.
Comment by
PROtrading on Mar 16, 2016 9:22am
Correct. The bashing clowns here don't want intelligent discussions. When novices see noisemakers, put them on ignore. Bottom line, VRX is a trader's stock right now. Investors should hold tight. The short attack on this at these prices shouldn't last long.